83 Newlands RoadCoburg North VIC 3058
Property Details for 83 Newlands Rd, Coburg North
Last Listing description (October 2024)
This exceptional 627m2 parcel of land offers an unparalleled opportunity for those with a vision. Whether you're dreaming of building your dream home or seeking a prime redevelopment project, this site with approved plans and permits presents endless possibilities (STCA). The hard work has already been started for you. The site cut has been completed.
Ideally located within walking distance of local shopping, Coburg Lake, and the scenic Merri Creek parklands and trails, offering a coveted lifestyle.
You'll also benefit from close proximity to the Coburg Olympic Swimming Pool, esteemed Coburg Primary and Senior schools, and excellent transport options, including buses, trams, and Batman Station. With the vibrant cafes and specialty shops of Sydney Road just a short stroll away, seize this outstanding opportunity to build a refined home in a highly desirable location.
Property History for 83 Newlands Rd, Coburg North, VIC 3058
- 15 Oct 2024Sold
- 25 Jun 2024Listed for Sale Not Disclosed
- 20 Sep 2023Listed for Sale Not Disclosed
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0About Coburg North 3058
The size of Coburg North is approximately 4.9 square kilometres. It has 20 parks covering nearly 18.4% of total area. The population of Coburg North in 2011 was 6,575 people. By 2016 the population was 7,615 showing a population growth of 15.8% in the area during that time. The predominant age group in Coburg North is 30-39 years. Households in Coburg North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg North work in a professional occupation. In 2011, 66.7% of the homes in Coburg North were owner-occupied compared with 66% in 2016.
Coburg North has 5,166 properties. Over the last 5 years, Houses in Coburg North have seen a 24.31% increase in median value, while Units have seen a 16.38% increase. As at 31 October 2024:
- The median value for Houses in Coburg North is $1,040,559 while the median value for Units is $692,586.
- Houses have a median rent of $600 while Units have a median rent of $550.
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